GAMA Enerji’s Lamas III and IV hydroelectric power plant opened with ceremony of the 55th Anniversary of DSİ.

The inaugural of Lamas III and IV Hydroelectric Power Plant, has been celebrated as a part of the ceremony organized for the 55th Anniversary of General Directorate of State Hydraulic Works (DSİ). The run of river type power plant, which is an asset of GAMA Energy A.S., is located in Mersin province.

The Vice-Chairmen of Justice and Development Party, Kürşad Tüzmen; Mersin’s Member of Parliament, Ali Er; Governor of Mersin, Hüseyin Aksoy; DSİ The Regional Directorate, Numan Doğan Gündüz and District Governor of Erdemli, İbrahim Özefe were among the participants of the ceremony held in Mersin. Governor Mr.Aksoy explained the general characteristics of the plant in a brief speech broadcasted simultaneously in İstanbul phase of the Ceremony as well. Expressing his gratitude, Mr.Aksoy also stated that Mersin’s capacity of energy generation is leveled up to %37, including the Lamas III and IV HEPP with 37.3 MW installed capacity. In addition, it is also emphasized that the power plant, whose construction has started in 2007 and completed in two years, is managed to start the commercial operation one and a half year earlier than the foreseen date. The power plant, with 4 turbine units in total, has a planned annual production of 150 million KWh.

GAMA is in the list of “Top 100 European Contruction Companies”.

Deloitte LLP, an auditing, consulting and enterprice financement company based in the United Kingdom, published the ”European Powers of Construction 2009” report identifying the 100 largest European construction companies. GAMA is one of the two Turkish companies succeeded to take part in the list.

According to the report of Deloitte, GAMA Holding A.S had construction revenue of € 735 million in 2008 and ranked as the 85th largest European Contractor.

Another research has been announced by Engineering News Record Magazine of USA in the December 28, 2009 issue, ”ENR-Global Sourcebook 2009”. The construction companies are ranked by their annual construction revenue in each sector they were present worldwide, and GAMA has been ranked as the

  • 5th Largest International Contractor in Industrial Process – Steel and Nonferrous Metals;
  • 11th Largest International Contractor in Power – Fossil Fuel Plants.

President Abdullah Gül, attended the opening ceremony of the construction works of DISI project.

Ribbon cutting during the ceremony, President Abdullah Gül and Jordan Prime Minister Nadir Dahari gave a start for the construction of the project which will extract the water located 600 meters down in the district of Disi Mudawara, south of Jordan and transmit this water to Amman 325 km away.
During his speech at the ceremony, President Gül, focusing particularly on the importance of Disi project drew the guests’ attention to the fact that such huge projects can be developed even at times of crisis. Mr. Ebu Suud, Minister of Water and Irrigation of Jordan, thanked to the participants of the project as Jordan tries to secure it’s water resources and it is, to a large extend, with this project that the water security of Jordan will be ensured and that the project also lays the ground for future cooperation between Turkey and Jordan.

GAMA Energy won the tender based on Build Operate & Transfer, launched in the mids of 2006 by the Government of Jordan in order to meet the water demand of Amman, the Capital. The project includes the transfer to Amman of 100 million cubic meter water per year which will be extracted from an underground water reservoir in Disi district, south of Jordan during a period of 25 years and the delivery of this water to be stored in Amman. The total investment cost of the project is around US$ 1 billion and the project facilities will be handed over to the Ministry of Water and Irrigation in the end of 25 year concession period.